STEP OILTOOLS

What STEP OILTOOLS does

STEP Oiltools is a privately held industrial equipment and services provider founded in 2011 and headquartered in Perth, Western Australia. The company designs, manufactures, rents, and services solids control and drilling waste management systems for the global oil and gas and civil construction industries, with operational support bases in Germany, the United Kingdom, and Singapore in addition to its Australian headquarters. Its product portfolio spans the full drilling fluids handling chain, including shale shakers, shaker screens, decanting centrifuges (notably the DE1000 VFD), dewatering systems, vacuum transfer systems (SX 280V pneumatic pump and TwinVac 6000), modular recycler systems in ISO container configurations, slurry mix systems, screw conveyors, cuttings skips rated to DNV 2.7.1, portable tank cleaning systems, and the ADVANTAGE slop water treatment system combining Sorbfloc dosing, centrifugal separation, Dissolved Air Flotation, and Activated Filter Media with PLC and HMI controls. The company distributes Infinity Tool MFG HDD rock tools under a partnership announced in May 2022.

STEP generates revenue through three primary streams: one-time equipment sales (shakers, screens, centrifuges, conveyors, tanks, and drilling tools), usage-based rentals of its centrifuge fleet, and professional services covering drill cuttings handling, fluid recovery, dewatering, flocculation, and environmental compliance. Its go-to-market is enterprise field sales targeting major oil and gas operators and civil construction contractors across APAC, EMEA, and the North Sea, supported by regional contact points, downloadable product data sheets, and direct enquiry forms. The company is led by CEO Darrell Krieger, holds ISO 9001, ISO 14001, and ISO 45001 certifications (with stated expiry of 14 November 2024), and is affiliated with RoSPA. No parent company, venture capital, or private equity ownership is disclosed, and no revenue, headcount, or financial figures are publicly available, which limits outside visibility into the company's scale and growth velocity despite its 15-year operating history and four-country operational footprint.

Name

STEP OILTOOLS

Legal name

STEP Oiltools

Website

https://stepoiltools.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

STEP Oiltools, founded in 2011 and headquartered in Perth, Australia, designs, manufactures, rents, and services solids control and drilling waste management equipment for the global oil and gas and civil construction industries, operating from support bases in Australia, Germany, the UK, and Singapore.

Ownership category

akta.pro rank

Product category

Solids Control Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Drilling Fluids, Solids Control & Waste Handling (EUALABAG)

Keywords

• Solids control equipment
• Drilling waste management
• Shale shakers screens
• Centrifuge rentals
• Dewatering systems

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Sales: Sale of solids control equipment including shale shakers, screens, centrifuges, conveyor systems, cuttings containers, vacuum transfer units, dewatering systems, and drilling tools.
2. Equipment Rentals: Rental fleet of decanting centrifuges, primarily the DE1000 VFD units, offering flexible short-term access to solids-liquid separation equipment.
3. Drilling Waste Management Services: Comprehensive services for drill cuttings and fluids containment, handling, treatment, and disposal with environmental compliance focus.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

STEP Oiltools designs, manufactures, sells and rents solids control and drilling waste management equipment — including shale shakers, shaker screens, centrifuges, modular recyclers, dewatering systems, vacuum transfer units, cuttings skips, conveyor systems, and the ADVANTAGE slop water treatment system — to oil and gas and civil construction customers worldwide. It also offers related drilling waste management services, equipment rentals (notably DE1000 VFD centrifuges), and distributes HDD rock tools under partnership.

Product overview

STEP Oiltools provides a comprehensive portfolio of solids control and drilling waste management equipment and services to the oil and gas and civil construction industries. The product lineup includes shaker screens and shale shakers for primary solids separation, centrifuges (DE1000 VFD) for rental and fine separation, dewatering systems for fluid reclamation, and vacuum transfer systems (SX 280V Pump and TwinVac 6000) for cuttings handling. For civil construction, the company offers modular recycler systems, mini separation systems, and slurry mix systems in containerized configurations. Additional products include cuttings skips, tank cleaning systems, screw conveyors, and the ADVANTAGE slop water treatment system for offshore operations. The portfolio is distributed through operational bases in Australia, Germany, UK, and Singapore.

Differentiator

Problem solved

Functional benefit

Products and services

• Mini Separation System Ultra-fine solids separation system with a compact footprint and 75–150 m³/hr capacity, integrating a Derrick FLC 423 linear motion shaker with Polyweb urethane screen panels and ten 4-inch Derrick desilting cones, designed for processing drill cuttings in civil construction and oil and gas applications.
• Modular Recycler Modular slurry recycler system available in 10ft or 20ft ISO container configurations with capacity from 100–1,500 m³/hr, designed to remove ultra-fine solids from slurries by combining high G-force shakers, hydrocyclones, and decanter centrifuges for HDD, micro-tunnelling, slurry wall, and TBM applications.
• Slurry Mix Systems Integrated slurry mixing systems combining venturi mixing hoppers and centrifugal charge/transfer pumps in enclosed skids, available as a 10ft mini mixing system (1,500 or 2,250 lpm) or a 20ft containerized system with control panels, remote control stations, level control, and big bag handling for civil construction and oil and gas applications.
• Dewatering Systems Dewatering systems that separate fine suspended solids from drilling fluids through polymer dosing and mechanical separation, operating during mining and drilling phases to maintain fluid properties and reclaim water while reducing disposal volumes.
• De-watering and Flocculation Service De-watering and flocculation service for removing excess water from drilling sites and facilitating clumping of fine solids through chemical flocculants to enable efficient separation and disposal in oil and gas and civil construction applications.
• DE1000 VFD Centrifuge (Sale and Rental) Decanting centrifuge featuring Variable Frequency Drive technology and remote monitoring capabilities, with variable speed adjustments for efficient solids-liquid separation across oil and gas drilling, mining and industrial, and civil construction applications, available for outright purchase or short-term rental.
• Portable Tank Cleaning System Closed-loop portable tank cleaning system with DNV 2.7.1-rated skid, integrating a cleaning solution storage tank, high-pressure pump delivering 200+ gpm at 250+ psi, and non-programmable tank cleaning machines designed to eliminate man entry into mud tanks, reduce waste, and decrease cleaning time.
• Cuttings Skips Drill cuttings containers engineered to DNV 2.7.1 / EN12079 standards with stackable design, dual steel and aluminum lids, four inlet/outlet connections, drain for easy clean-out, and 4-way fork pockets for materials handling on drilling sites.
• SX 280V Pneumatic Cuttings Pump Heavy-duty pneumatic cuttings pump capable of conveying high-density slurries at up to 30 m³/hr with 25-inch Hg vacuum capability and no moving parts in contact with the pumped material, designed for extended service life and tough drilling waste handling applications.
• TwinVac 6000 System Dual liquid-ring-pump vacuum system packaged in a DNV 2.7.1 skid with 100% redundancy, sound-proof enclosure, common liquid cooling circuit, and scrubber tank, designed for offshore drilling cuttings transfer and associated vacuum transfer duties.
• Screw Conveyors Rotating helical screw blade conveyors that move sludge or granular drill cuttings from shale shakers to downstream equipment or disposal sites, capable of horizontal, vertical, or inclined operation to support cuttings handling workflows.
• Shale Shakers High-performance vibrating shale shakers with multiple screens used for primary separation of drill cuttings from drilling fluid, designed with compact dimensions for onshore and offshore drilling operations as well as piling and micro-tunnelling civil construction applications.
• Shaker Screens High-performing shaker screens (including Derrick-compatible Polyweb urethane screen panels) for efficient separation of drill cuttings from drilling fluid, enabling fluid recycling and reducing operational costs while protecting downstream equipment.
• ADVANTAGE Slop Water Treatment System Advanced offshore slop water treatment system integrating Sorbfloc chemical dosing, centrifugal separation, Dissolved Air Flotation (DAF), and Activated Filter Media (AFM) to remove oil, suspended solids, and heavy metals, with touchscreen HMI and PLC controls for automated operation.
• HDD Rock Tools Distributed rock tools (including reamers and related downhole products) for Horizontal Directional Drilling, water well drilling, geo-thermal, construction and mining sectors, manufactured by Infinity Tool MFG to ISO 9001 standards.

Quantifiable outcome

• 147 tonnes of carbon emissions saved over 5 years with single ADVANTAGE slops processing unit deployment
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Infinity Tool MFGcoreChannel Partner/ Reseller/ Distributor · 1 May 2022Distribution partnership commenced May 2022 for Infinity Tool Manufacturing's full range of HDD rock tools. Products serve HDD, Water Well Drilling, Geo-Thermal, Construction and Mining sectors. Infinity Tool Manufacturing has been manufacturing and supplying rock tools to the drilling industry since 2009, with products manufactured to ISO 9001 standards at their facility in Benton, Illinois.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• M-I SWACO (SLB): Global drilling fluids and solids control services provider, now part of SLB. Competes with STEP across drilling waste management and solids control but as part of a much broader oilfield services portfolio.
• Halliburton: Major diversified oilfield services company with drilling fluids, waste management, and solids control capabilities. Competes with STEP for enterprise oil and gas contracts through its broader portfolio of services.
• National Oilwell Varco (NOV): Large oilfield equipment manufacturer offering shale shakers, centrifuges and other solids control equipment alongside a much broader drilling and production equipment portfolio. Competes at the enterprise contract level with STEP.

Direct peers

• Derrick Corporation: Manufacturer of shale shakers, screens, hydrocyclones and other solids control equipment used in oil and gas drilling and civil construction. Direct competitor in the same product categories where STEP competes, while also being a key supplier to STEP's Mini Separation System.
• Centrisys / CNP: US-based decanter centrifuge manufacturer serving oil and gas drilling, industrial dewatering and wastewater applications. Direct competitor in the centrifuge rental and sale segment.
• Flottweg: German decanter centrifuge manufacturer serving oil and gas drilling, mining, and industrial separation. Directly comparable to STEP's DE1000 VFD centrifuge product line.
• GN Solids Control: Chinese manufacturer of solids control equipment including shale shakers, mud cleaners, desanders, desilters, and centrifuges. Competes with STEP across the full solids control equipment portfolio at global oil and gas and HDD customers.
• Elgin Separation Solutions: Provider of centrifuges and separation equipment for oil and gas drilling waste management. Direct competitor in dewatering and solids-liquid separation equipment STEP sells and rents.

Emerging players

• KEMTRON Technologies: Solids control equipment manufacturer offering shale shakers, mud cleaners, centrifuges, and cuttings dryer systems. Emerging competitor with overlap to STEP's product portfolio in oil and gas and HDD applications.

Others

• Veolia Environmental Services: Global environmental services company providing waste management, water treatment, and resource recovery including oil and gas waste streams. Comparable as an adjacent player in drilling waste management and slop water treatment, though primarily services rather than equipment-led.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/STEPOiltools
• LinkedInlinkedin.com/company/step-oiltools

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STEP OILTOOLS